Price has already mitigated the H4 Propulsion Block.
Buy side has been cleared.
We have very obvious sellside in the form Daily FVG
On the fundamental side:
- Softer US inflation data and better activity data should constitute a friendly environment for markets. Dollar is typically the biggest loser in this type of environment.
- Limited rate relief in the US Over the next 3-6 months.
- More durable US outperformance.
- This type of market reaction allows more tactical upside for pro-cyclical G10 FX Like AUD and NZD and the Scandis. These crosses perform better in an environment where market price a ‘dovish policy shock’ and the price action of the relative CPI report of these currencies.
- The best cross to capture is EURAUD Short.
Buy side has been cleared.
We have very obvious sellside in the form Daily FVG
On the fundamental side:
- Softer US inflation data and better activity data should constitute a friendly environment for markets. Dollar is typically the biggest loser in this type of environment.
- Limited rate relief in the US Over the next 3-6 months.
- More durable US outperformance.
- This type of market reaction allows more tactical upside for pro-cyclical G10 FX Like AUD and NZD and the Scandis. These crosses perform better in an environment where market price a ‘dovish policy shock’ and the price action of the relative CPI report of these currencies.
- The best cross to capture is EURAUD Short.